5 Room (5I) HDB for Sale in 28 Cassia Crescent

The valuation of the HDB 5-room unit in Geylang, with an estimated value of $1,115,105 (or $863 PSF), reflects a significant market signal that positions it above the current market baseline by 6.7%. This elevated valuation is indicative of a robust demand for residential properties in this vibrant district, renowned for its unique blend of cultural heritage and urban convenience. With a remaining lease of 70 years, this unit has considerable longevity, offering potential buyers a secure investment in an area that is likely to see sustained interest.

Analysis of recent HDB resale transactions in the vicinity, totaling 8 transactions, provides a foundational basis for this valuation. The medium confidence level of the model suggests that while the data is robust, there are inherent market fluctuations that could influence future valuations. The Geylang area, known for its diverse amenities and strategic location, continues to attract buyers, particularly those looking for well-priced housing options. As urban development continues and infrastructure improves, properties like this HDB unit may witness further appreciation, reinforcing its above-market valuation.